Remortgage with poor credit

Is it possible for me to refinance if I have a bad credit history?

The truthful answer is, with many lenders (especially the ones on the high-street), no. However, Frequent Finance has long-standing relationships with lenders who understand that many people with impaired credit can be very creditworthy, especially for their own home. Many of these lenders are available only through specialist brokers like us. Bad Credit Remortgages can be affordable.

Having your bank refuse your remortgage application often has the effect of making people believe they have terrible credit. But more often than not, this turns out to not be the case!

We offer

Impartial and unbiased advice
The whole of market panels of lenders including Direct Lenders
Deals from UK and overseas lenders most brokers don’t know to exist!
Fixed, variable, discounted and tracker rates from a direct lender
Interest-only and repayment remortgages
Flexible proofs of income including some state benefits
Offers for special property types like Semi Commercial Property

Reducing your monthly payments:

Getting a more flexible mortgage with holidays and over-payments
Finance away from an expensive mortgage lender or high rate secured loan
Your credit score has improved to enable you to qualify with a more cost-effective lender
The fixed-rate has run out, and you require the security of another fixed rate
Your discounted term has ended, and you’re on a high lenders standard variable rate

Newer innovative lending products like Bad Credit Remortgages

We have some fantastic rates available from Crown Equity Release, More to Life Equity Release and Stonehaven.

Lifetime Mortgages

Because of the low risk to the lender, lifetime mortgages can be meagre rates. Santander is an excellent example of this.

Age-related products from Frequent Finance

Equity Release is not just for people over 55. There are options for people under 55 to release equity too.

Bridging Finance before Bad Credit Remortgages

Frequent Finance can arrange bridging finance with meagre fees. This includes commercial bridging finance, starting at 0.5% per month.

Maybe you want to raise money for:

Private health treatment
Lawyers bills
Funding new business
Debt Consolidation – pay off expensive credit
Home improvements or critical repairs
Private school fees so you don’t have to move house
Capital for son or daughters home purchase
Buying another property in the UK or overseas
Car, motor-home, yacht or motorcycle

Other common reasons for remortgage:

Refinance an investment property away from a buy to let mortgage so you can live in it your self.
Your husband/wife name on the existing mortgage and property title is facing some form of bankruptcy or insolvency, and you need to buy them out
Divorce or separation – a court has told you to pay your ex-partner to spend money and remove them from the mortgage and title of the property
Marriage or civil partnership – your new partner wants to be included on the mortgage and property title

As of June 2019 popular finance products include Santander Equity Release, Step Change Equity Release, Natwest Equity Release, Norwich Union Equity Release Schemes and Nationwide Equity Release.

Some great products:

Legal and General, Halifax and Prudential Equity Release

Legal and General offers include Equity Release and Lifetime Mortgages. Prudential offer Equity Release Schemes and Halifax have a great Equity Release Plan.

TSB Equity Release Plans
Mortgages for Pensioners 65s 70s 70s
Metrobank Equity Release
Yorkshire Building Society YBS Lifetime Mortgage
Pensioner Mortgages from TSB
Equity Release Yorkshire Building Society YBS

TSB Lifetime Mortgage
Metrobank Lifetime Mortgage
Which? Equity Release Scheme
Yorkshire Bank Equity Release Scheme
YB-Yorkshire Bank Lifetime Mortgage
Which? Money Lifetime Mortgage
Legal & General Lifetime Mortgage

Bad Credit Remortgages – Frequent Finance